Senate Republicans prioritize tax cuts--Editorial - NYPOST.com: "All 42 US Senate Republicans wrote Majority Leader Harry Reid yester day, warning that the GOP will fili buster any legislation during Congress' lame-duck session until the matter of extending the soon-to-expire Bush tax cuts is addressed.
To wit:
'Without . . . action by Dec. 31, all American taxpayers will be hit by an increase in their individual income-tax rates and investment income through the capital gains and dividend rates,' the senators noted.
'If Congress were to adopt the president's tax proposal to prevent the tax increase for only some Americans, small businesses would be targeted with a job-killing tax increase at the worst possible time.'
Exactly so."
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